Zip 72102 (Mc Rae, AR) Housing

Mc Rae, AR (72102) has experienced an increase in housing median values over the past year. The median value of a house in Mc Rae is currently $125,400, which is slightly below the US house median value of $338,100. However, Mc Rae has witnessed a higher rate of appreciation than the US average; with a 1 year house appreciation rate of 9.77%, compared to just 8.27% for the United States as a whole. This increased growth indicates that property in Mc Rae may be a good investment opportunity for homebuyers and investors alike.

The median home cost in Mc Rae (zip 72102) is $125,400. Home appreciation the last 10 years has been 52.4%. Home Appreciation in Mc Rae (zip 72102) is up 18.8%.

Average Age of Homes

- The median age of Mc Rae (zip 72102) real estate is 29 years old

The Rental Market in Mc Rae (zip 72102)

- Renters make up 17.2% of the Mc Rae (zip 72102) population
- 0.0% of houses and apartments in Mc Rae (zip 72102), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Mc Rae, Arkansas	United States
	1,237.0	139,647,020.0
	32	42
	$125,400	$338,100
	18.8%	16.6%
	45.3%	57.0%
	52.4%	101.1%
	$4.33	$10.98
	$364	$2,690
	77.0%	57.4%
	8.7%	11.2%
	14.4%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	3.7%	3.6%
	4.9%	4.1%
Value of Owner-Occupied Housing
	9.3%	2.6%
	8.3%	2.4%
	23.6%	2.8%
	3.9%	3.9%
	13.0%	4.5%
	13.7%	11.3%
	2.5%	13.0%
	6.3%	20.1%
	12.5%	13.6%
	0.0%	8.3%
	6.8%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	20.3%	13.6%
	20.3%	13.6%
	21.0%	13.6%
	16.6%	13.2%
	16.2%	14.8%
	21.0%	13.6%
	2.6%	10.0%
	2.1%	4.7%
	2.8%	12.2%

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